Published 28 August 2018, corrected 30 August 2018:
An observant valuer did the small calculation I hadn’t done – and it’s higher. A vacant area of almost 2000m² in Avondale’s Rosebank Rd industrial precinct has been sold by Bayleys for just over $900/m² (the figure below has been corrected – it’s $5 more than originally written). A warehouse property and a retail unit in the area have also been sold.

Industrial & commercial property specialist Commercial Realty Ltd has reported deals completed over $50,000 from May to July. Some had confidential pricing which I’ve mentioned, but I’ve omitted those with so little detail as to make this report meaningless.

19A & B Holly St:19A features: 89m² unit, 3 bedrooms, balcony, private & secure courtyard, carport, storage19B features: refurbished 2 bedrooms, balcony, carportOutcomes: no bid on the 2 together; 19A was then sold for $596,000; there was no bid on 19B on its own and it’s back on the market at $550,000Agents: Jason Tsang & Ian Yu

About Bob Dey Property

The Bob Dey Property website is primarily about commercial & development property in Auckland, policies & strategies that impact on the sector, listed property securities and wider economic influences. It examines infrastructure, access & urban design issues, and presents ideas from around the world. The emphasis is on appropriate depth & context.